Tag: Bank of Korea

Bank of Korea keeps rate at 2.5% for seventh hold

SEOUL: The Bank of Korea held its benchmark interest rate at 2.50% on Friday, extending…

South Korea FX reserves fall in March on stronger dollar

SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar…

South Korea inflation hits 2.2% in March on oil surge

DAEJEON: South Korea’s consumer prices rose 2.2% in March from a year earlier, accelerating…

South Korea central bank hits record annual profit

SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to…

Bank of Korea holds 2.5% rate and rolls out dot plot

SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50%…

South Korea inflation eases to 2.0% in January

MENA Newswire, SEOUL: South Korea’s consumer inflation eased to 2.0% in January from 2.3% in December,…

Digital transactions in Korea hit record levels in 2024

Electronic payments in Korea reached a new record in 2024, signaling growing…

South Korean economy sees 2 percent growth in 2024, up from 2023

Bank of Korea confirms South Korea’s economy grew 2 percent in 2024,…

Korea’s foreign reserves climb in December but remain lowest since 2019

South Korea’s foreign reserves increased slightly in December but fell to their…

Singapore GDP growth accelerates to 4 percent in 2024 as China stocks decline

Asian markets mixed as China stocks drop on weaker manufacturing, while Singapore’s…